Cost Control Specialist

InSync
Job title: Cost Control Specialist
Company: InSync
Job description: We are looking for a Cost Control Specialist for a 12-month contract position, with possible extensions in Calgary, Alberta. Must be legally entitled to work in Canada.Hybrid schedule, at least 4 days in the office. 8 hours a day, 40 hours a week. It is NOT a remote role. Limited travel may be required to CVE Sites.Role Description
The ideal candidate will be responsible for maintaining accurate and consistent project cost data using SAP and Spotfire to track cost performance against budget, committed, and incurred costs. This role involves accrual and forecast reporting in Spotfire, invoice review against progress reports, and preparing AFE requests for funding approval, including status checks and follow-ups.Responsibilities
- Ensure consistent maintenance of data out of SAP and Spotfire used for Cost Control purposes.
- Accrual and forecast reporting into Spotfire.
- Review invoices and check against progress reports.
- Prepare and submit AFE requests for funding approval and complete status checks and follow-ups as required
- Assist and train other stakeholders on Cost Control and SAP related requests.
- Support forecast, accrual, and reporting processes as required
- Offer general support to other departments (Tax, Audit, etc.) and other initiatives as required.
- Monitor and control cost to flag issues, report on variance from plan
- Assist Project Engineers in managing key project variables related to cost control
- Support a variety of initiatives from the cost control function including reporting, cost control process alignment, accruals, and supporting the finance department for monthly and long-range plan reporting (UpCap).
- Regularly updated cost control reports
- Data extracts and reconciliations from SAP
- Monthly forecasts into Spotfire
- Variance analysis reports comparing estimate, forecast and actuals
- Invoice validation against progress reports
- AFE Request submissions with supporting documentation
Required Skills and Experience
- Post-secondary education with a focus in accounting, finance or project management preferred
- Accounting designation, or working towards designation (CPA, CMA, etc.) is a strong asset
- Project Management Professional (PMP) designation is a strong asset
- 4+ years related experience in cost control or in controlling operating costs
- A minimum of 2-3 years related experience on projects in the energy industry
- Working knowledge of SAP and advanced skills in MS Office Products (Adobe, Excel, PowerPoint, Outlook
- Experience developing reports with Power BI (or other) reporting tools would be an asset
- Knowledge of budget forecasting, incurred costs tracking, accruals, commitment and invoicing processes
- Team player with the proven ability to collaborate and communicate across business functions to achieve goals
- Excellent problem solving and facilitation skills with ability to plan, prioritize and deliver quality results
- Strong multi-tasking skills with the ability to prioritize and organize multiple concurrent assignments
Please note that while all applications are appreciated, only candidates selected for interview will be contacted.InSync Systems Inc. is a privately-owned boutique Canadian Resourcing and Consulting Services Company that works closely with a range of corporate clients across multiple industries to bring them solutions that effectively address their business needs.
Expected salary:
Location: Calgary, AB
Job date: Tue, 11 Mar 2025 23:31:57 GMT
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